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Commodities

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  • Commodities
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Oil Slides As Economic Worries Eclipse Saudi Output Cut — Why $80/Bbl Price Is Crucial For The Kingdom

By Bhavik Nair
June 6, 5:09 AM
Concerns over the global economy dragged oil prices on Tuesday afternoon Asian trade after a knee-jerk surge the…

BNO

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Dow Drops Over 100 Points; Crude Oil Rises

By Lisa Levin
June 5, 2:58 PM
U.S. stocks traded mixed toward the end of trading, with Dow Jones dropping over 100 points on Monday. The Dow traded down 0.33% to 33,651.23 while the NASDAQ rose 0.30% to 13,279.88. The S&P 500, also rose, gaining, 0.11% to 4,286.88.

BLPH

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Nasdaq Rises 70 Points; ISM Services PMI Drops In May

By Lisa Levin
June 5, 12:22 PM
U.S. stocks traded mixed midway through trading, with Nasdaq Composite gaining around 70 points on Monday. The Dow traded down 0.21% to 33,691.13 while the NASDAQ rose 0.54% to 13,312.65. The S&P 500, also rose, gaining, 0.26% to 4,293.51.

BLPH

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Gold Rises Higher As Investors Weigh Recession Probability: This ETF Offers 2X Leverage

By Melanie Schaffer
June 5, 12:16 PM
Direxion Daily Gold Miners Index Bull 2X Shares (NYSE: NUGT) was rising more than 1% on Tuesday in tandem with spot gold, which was moving about 0.5% higher, possibly on new warnings a

DUST

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Crude Awakening: 5 Oil Stocks Poised For Growth As Global Output Tightens

By Piero Cingari
June 5, 10:35 AM
U.S. oil stocks are poised to capitalize on a tightening global crude market as a result of recent developments at the OPEC+ summit.

BRK-A

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US Stocks Mixed; SAIC Posts Upbeat Results

By Lisa Levin
June 5, 9:47 AM
U.S. stocks traded mixed this morning, with Dow Jones dropping around 20 points on Monday. Following the market opening Monday, the Dow traded down 0.06% to 33,740.98 while the NASDAQ rose 0.08% to 13,251.38. The S&P 500, also rose, gaining, 0.13% to 4,288.00.

AMTX

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Biden-McCarthy Bonhomie, Saudi’s Preemptive Move, Elon Musk’s Brain Pain And More: 5 Key Stories You May Have Missed From The Weekend

By Shanthi Rexaline
June 5, 8:29 AM
The weekend belonged to the ratification of the budget bill after months of bickering and this is expected…

AAPL

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No ‘Super Spike’ In Oil Price Expected, Analyst Says After OPEC+ Cut: ‘Validation Of Weak Market Conditions’

By Shanthi Rexaline
June 5, 3:26 AM
OPEC+ on Sunday announced that it will limit combined oil production to 40.463 million barrels per day in…

USO

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Saudi Arabia Announces Massive Oil Production Cut, Minister Says ‘Will Do Whatever Is Necessary’ For Price Stability

By Bhavik Nair
June 4, 9:30 PM
Oil prices rose by over $2 per barrel during Monday morning’s Asian trading session after Saudi Arabia reportedly…

BNO

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S&P 500 Gains 1.5%; SentinelOne Shares Plummet

By Lisa Levin
June 2, 2:30 PM
U.S. stocks extended gains toward the end of trading, with Dow Jones gaining around 700 points on Friday. The Dow traded up 2.11% to 33,759.28 while the NASDAQ rose 1% to 13,232.37. The S&P 500, also rose, gaining, 1.46% to 4,282.45.

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